Phil DeGraves said:
Did Dr. Peter just call all of us liars? Where does he live? Let's go there and buy up the ammo.
Never called you guys liars, I just feel that a lot of this will come to pass thanks to hype. I live in California, not exactly the mecca of 2nd Amendment rights.
hotpig said:
Dr Peter will be one of those people that wake up one day and can not find much ammo.
He will be on here posting 'WHAT HAPPENED TO ALL OF THE AMMO?"
If ammo is cheap and plentiful you should buy it and resale it for a nice profit.
Maybe it will, but I won't be worrying about it. I have enough currently to run it through the firearms that I want to without killing myself financially and keeping pace with how often I go to the range.
The WOT has little to do with the jumps in ammunition prices that I have read, considering that Ammunition Systems Group operating out of the Lake City plant and Radford Army Munition Plant has enough (or almost enough) capacity to supply our entire army in Iraq. The Lake City plant
alone can make 1.5 Billion rounds of ammunition, 83% of the entire amount of rounds used by the U.S. Army. I've also read that ATK is also expanding their size to be capable of even producing
more rounds then what they currently can. The only downside I can see is that ATK is in charge of Federal, CCI, Speer, and Outers.
That can lead to a squeeze on .223 (or specifically military cartridges), but this is not the great depression like you guys are making it out to be. Has anyone stopped to think that maybe this whole "BUY NOW AMMUNITION IS GOING BYE-BYE" has just a wee little bit to do with it? It seems like a lot of buying patterns have changed (that is, gone way way up) since there has been a "shortage", driving up prices even further. "Gotta buy now, it's going to be gone tomorrow!" - the same crap peddled by the guy who goes around the country at the Crossroads show selling body armor. I imagine that when the troops are brought home (a distinct possibility with who is running for office), there will be a huge 5.56/.223 surplus and you guys will be kicking yourself in the nuts for getting gouged.
As far as flipping ammunition for a profit, I refuse to do it. I have my firearm hobby for fun and the preservation of my rights, not to make a killing. That of course buys into my whole thinking that a lot of this is "BUY NOW" hype that is driving the prices up and the supply down - I'll tell you where all the .223 and .308 went, into the garages of THR posters.
That being said, China and India probably have a lot more to due with the price jump in ammunition than the WOT has thanks to the cost of raw materials. You can thank your government for the ****ty trade agreements on that one.
